Software developer Exact has provided Exact Online with new innovations that help entrepreneurs and accountants to complete administrative tasks faster and more efficiently. Central to this is the No Hands Accounting approach with which we want to minimise manual work. This reduces the risk of errors, says Phill Robinson, CEO of Exact.

With No Hands Accounting, Exact wants to make the handling of tasks within the accounting in Exact Online even faster and easier. According to the company, this would be of great benefit to entrepreneurs and accountants.

The main innovations are aimed at the possibility of sending electronic invoices directly from Exact Online via the PEPPOL network. Purchase invoices can now be approved via the Exact Online app. In addition, the Digital Letterbox has been improved, making it immediately clear to accountants who should pick up the invoice and how it should be dealt with further.

PEPPOL network

According to the software developer, sending electronic invoices directly from Exact Online via the PEPPOL network is an efficient way of sending invoices. In addition, it would also be an incentive to pay invoices faster. The solution checks whether the selected customer is registered with PEPPOL on the basis of the Chamber of Commerce number, the organisation identification number or the VAT number. If the customer has verified, a PEPPOL option will appear in the new window.

When approving purchase invoices via the Exact Online app, a central overview of all purchase invoices is immediately provided. This enables companies to more easily monitor and check purchase invoices for completeness and status.

Trade and Production

In addition, the Spring 19 Release also focuses on innovations in the field of trade and production companies. For example, Exact Online for Trade and Production has been expanded with a mobile inventory app. Employees can easily enter the counted stock per rack or article using the app on their smartphone. The counts are automatically entered into the inventory system and are processed at the push of a button. This is usually a time-consuming and error-prone job, which now needs to be faster and more reliable.

Trading and production companies can also link Exact voor Productie to other systems or machines from now on. Time registration and work orders with material and processing information can be exchanged according to the software developer. Furthermore, the new release includes a possibility to calculate work order advice within the MRP calculation within Exact for Production Premium work order advice. The advice can be rounded off to the standard series size, so that the production item is produced in the correct quantity.

Read also: Precise on acquisition tour: more automated workflows as a goal

This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.